HAIWEI ELEC Shares Surge Dramatically on the Hong Kong Market

Stock News06-03 14:15

Shares of HAIWEI ELEC (09609) experienced a sharp increase during the afternoon session, at one point soaring nearly 78%. At the time of writing, the stock is up 54.3%, trading at HK$10.4, with a turnover of HK$12.84 million.

Public information indicates that the company's primary products include capacitor base films and metallized films, which are critical components for film capacitors. These products have a wide range of end-use applications, encompassing new energy vehicles, new energy power systems, industrial equipment, and household appliances.

According to industry research data, in 2024, HAIWEI ELEC held a 10.9% market share in China based on revenue from capacitor base films. Measured by sales volume of capacitor base films, the company ranks as the second-largest manufacturer of capacitor films in China.

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